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<br />I <br /> <br />REAL ESTATE rCiORTGAGE <br /> <br />:;4 - 005814 <br /> <br />Charley W. Fox and Marion L. Fox, husband and wife, <br /> <br />hereinafter called mortgagors, do hereby grant a mortgage to <br /> <br />Lars D. Nelson, \Jean Leonard, Sharon l'iJeyer, George Danker', <br /> <br />\Norma Jean Nelson and~Gerald Q, Nelson, hereinafter called <br /> <br />mortgagees,on the following described real estate in Hall County, <br /> <br />Nebraska: <br /> <br />Lots S, C, and D in Jones Subdivision, Hall <br />County, Nebraska, commonly known as 409 and 411 <br />W, Louise, 501, 503, 509 and 511 S. Cedar, <br />Grand Island, Nebraska, <br /> <br />Thi.s mortgage is given to secure the "'"yment of the principal <br /> <br />sum of $40.000.00 and interest t~'.i", ':on 1 ---:ccording to the --terms' <br /> <br />of a certain promissory note executed by the mortgagors to the <br /> <br />mortgagees. <br /> <br />[1'1 the event the [:1ortgagors default in the payment of <br /> <br />said indebtedness or any installment: thereon, mortgagees at <br /> <br />t:heir election may declare the entire debt secured by this <br /> <br />['4ortgage to be due at once and may foreclose this Mortgage for <br /> <br />satisfaction thereof. <br /> <br />T'~or~gaqors further agree that, payment hereunder shall <br /> <br />be made to rnortgagees and in the event of the death of said <br /> <br />mortgagees, all payments due hereunder shall be made to the <br /> <br />of hi SOt' her d.ssHJns \'iI10 ,nay execut.e and deliver release hereof <br /> <br />\..;hieh <br /> <br />shELlI extInguish the interest of all rnort,gagees hereunder. <br />:'eted '::h1'O :~j ~tcjay nf (~/{:4.t) k,-,-j . 1984. <br />---- ,~ .Y" \ <br /> <br />//' . /;' <br />..4-' ......., t.{<e':~J <br /><,,' Charley \'/. I::ox <br />! <br /> <br />Oc~. <br /> <br />A'\. <br /> <br />;'1~~~:~f:''f~-~~?"U c ..~~. <br /> <br />L <br /> <br />L <br /> <br /> <br />tf <br /> <br />..J <br />